Electric vehicle (EV) maker Polestar said it will have to take steps to offset hefty EU and U.S. import tariffs on its Chinese-made electric cars as it posted a first-quarter operating loss on Tuesday …
BUSINESS
Bloomage Ranks on World Brand Lab’s China 500 Most Valuable Brands List
Bloomage has once again ranked on the “China’s 500 Most Valuable Brands” list by World Brand Lab, a premier global brand value evaluation agency. This milestone not only affirms the strength of …
To a BRICS CBDC or not a BRICS CBDC; replacing the petrodollar, that is the question
More and more countries in the MENA region, such as the Kingdom of Saudi Arabia, have also joined both BRICS and the mBridge CBDC cross-border digital …
‘Replace The U.S. Dollar’—Legendary Tech Billionaire Issues Shock Bitcoin Prediction Amid Ethereum, XRP And Crypto Price Swings
Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and “uncover blockchain blockbusters … Chinese yuan,” Dorsey said during an event in Italy. “[The U.S. dollar and China’s yuan] are two …
China’s Shake-Up of Emerging Beauty Brands to Intensify in 2024, Insiders Say
Under the current circumstances, the entire industry will be reshuffled in a cycle of two to three years, industry insiders said to Yicai. Some enterprises that adjust their products will grow but …
Tim Hortons parent Restaurant Brands boosting presence in China
Restaurant Brands International says it’s spending up to $45 million to boost its presence in China and spur growth in what the company sees as a promising market.
Hong Kong professor calls China’s crypto mining ban ‘unwise’, suggests opening up to digital assets
A professor at HKUST has questioned the logic of China’s cryptocurrency mining ban, suggesting that the government should embrace virtual assets amid geopolitical risks.
China’s top EV makers, Li Auto, Xpeng, and Nio, achieve strong sales despite discounts.
China’s top three premium electric vehicle (EV) manufacturers, Li Auto, Xpeng, and Nio, have demonstrated strategic business acumen. Despite the necessity for discounts and incentives, these companies …
Tim Horton’s parent company inks two deals to bolster presence in China
Restaurant Brands International says it’s spending up to $45 million on two deals intended to boost its presence in China and spur growth in what the company sees as a promising market. The parent …
China ‘at risk’ of wider decoupling after US, EU as Asean trade partners balk at imports flood
Word of caution comes from Chinese trade consultancy with the commerce and agricultural ministries and customs authorities among its clients.
China ‘at risk’ of wider decoupling after US, EU as Asean trade partners balk at imports flood
Word of caution comes from Chinese trade consultancy with the commerce and agricultural ministries and customs authorities among its clients.
Why the US is painting China as the big bad tech villain
Washington’s accusations are clearly driven more by its fear of the US losing its tech hegemony than by China overtaking it.
Serbia-China free trade agreement comes into effect
By Tatyana Kekic in Belgrade The Free Trade Agreement (FTA) between Serbia and China, signed in October 2023, officially came into effect on July 1. The deal, which encompasses over 20,000 products …
